Welcome to our dedicated page for Mccormick & Co news (Ticker: MKC), a resource for investors and traders seeking the latest updates and insights on Mccormick & Co stock.
McCormick & Company (MKC) delivers flavor innovation and premium culinary solutions through its globally recognized brands. This news hub provides investors and industry professionals with timely updates on corporate developments, financial performance, and market leadership in the spice and seasonings sector.
Access official press releases, earnings reports, and strategic announcements alongside analysis of product launches and sustainability initiatives. Our curated collection ensures you stay informed about MKC's consumer segment innovations and B2B flavor solutions for food manufacturers.
Key updates include quarterly financial results, supply chain advancements, new market expansions, and R&D breakthroughs in natural flavor technologies. Bookmark this page for streamlined access to McCormick's latest milestones and industry-shaping decisions.
McCormick (NYSE:MKC) reported third-quarter results for the period ended August 31, 2025 with net sales +3% and organic sales +2% (volume-led). Third-quarter operating income was $289M and adjusted operating income was $294M. Diluted EPS was $0.84 and adjusted EPS was $0.85. Gross profit margin contracted 130 bps year-over-year, pressured by higher commodity costs, tariffs, and capacity costs, partially offset by cost savings from the CCI program.
The company reaffirmed its fiscal 2025 sales growth outlook, updated operating income and EPS guidance to reflect rising commodity costs and incremental tariffs, and expects continued cash generation and shareholder returns.
McCormick (NYSE:MKC) has declared a quarterly dividend of $0.45 per share on its common stocks. The dividend will be payable on October 27, 2025, to shareholders of record as of October 14, 2025. This announcement marks McCormick's impressive milestone of 101 years of consecutive dividend payments, demonstrating the company's long-standing commitment to returning value to shareholders.
McCormick (NYSE:MKC) has announced it will release its third quarter 2025 financial results on Tuesday, October 7, 2025. The company will host a conference call and webcast at 8:00 a.m. Eastern Time.
The presentation will be hosted by Chairman, President & CEO Brendan Foley, Executive Vice President & CFO Marcos Gabriel, and VP of Investor Relations Faten Freiha. Investors can access the live audio webcast and presentation materials on McCormick's investor relations website at ir.mccormick.com. An archived version will be available for those unable to attend live.
McCormick (NYSE: MKC) has announced a significant expansion in Mexico through a $750 million acquisition of an additional 25% stake in McCormick de Mexico from Grupo Herdez, increasing its ownership to 75%. The transaction targets McCormick de Mexico, which generates annual net sales of $810 million and holds market leadership in mayonnaise and other condiments.
The strategic acquisition is expected to be accretive to McCormick's sales growth, operating profit margin, and adjusted earnings per share in the first year. The deal, valued at approximately 12 times 2025 EBITDA, will be financed through a combination of cash and debt, with minimal impact on the company's Net Debt to Adjusted EBITDA ratio. The transaction is anticipated to close in early fiscal 2026.
This expansion strengthens McCormick's position in Mexico's high-growth market and creates a strategic platform for further expansion across Latin America. Following the close, condiments and sauces will increase from 14% to 22% of McCormick's total Net Sales.
McCormick & Company (NYSE: MKC), a global leader in flavor, announced its participation in the upcoming Barclays Global Consumer Staples Conference. The presentation is scheduled for September 3, 2025, at 12:45 PM ET.
The company will be represented by Brendan Foley, Chairman, President & CEO, and Marcos Gabriel, Executive Vice President & CFO. Investors can access a live audio webcast of the session through McCormick's investor relations website at ir.mccormick.com, where a replay will also be available after the event.
Clearwater Analytics (NYSE: CWAN) announced that McCormick & Company (NYSE: MKC) has selected its commercial paper (CP) workflow solution to enhance short-term capital management. The implementation comes as U.S. commercial paper outstanding reached $1.4 trillion in May 2025, marking a 13% year-over-year increase.
The partnership aims to streamline McCormick's short-term capital raising and improve program oversight amid volatile interest rates. Clearwater's platform offers benchmarking tools, real-time monitoring, and integrated reconciliation capabilities to optimize treasury operations and enhance decision-making efficiency.
McCormick (NYSE:MKC) reported strong Q2 2025 financial results and reaffirmed its fiscal 2025 outlook. Net sales increased 1% with organic sales growth of 2%, driven by volume. Operating income rose to $246 million from $234 million year-over-year, while adjusted operating income grew to $259 million from $236 million.
The Consumer segment saw 3% growth in net sales to $931 million, while Flavor Solutions segment experienced a slight 1% decline to $729 million. Earnings per share was $0.65 compared to $0.68 in Q2 2024, with adjusted EPS remaining stable at $0.69.
The company maintains its 2025 outlook with net sales growth of 0-2% and adjusted EPS of $3.03-$3.08, including plans to mitigate current tariff impacts through sourcing plans, cost savings initiatives, and revenue growth management.
McCormick (NYSE:MKC) has announced a quarterly dividend payment of $0.45 per share on its common stocks. The dividend will be paid on July 21, 2025, to shareholders of record as of July 7, 2025.
This announcement marks a significant milestone for McCormick, representing its 101st year of consecutive dividend payments, demonstrating the company's long-standing commitment to delivering shareholder value through consistent dividend distributions.
McCormick & Company (NYSE: MKC) has announced it will release its second quarter 2025 financial results on Thursday, June 26, 2025. The company will host a conference call and webcast at 8:00 a.m. Eastern Time. The presentation will be led by Chairman, President & CEO Brendan Foley, Executive Vice President & CFO Marcos Gabriel, and VP of Investor Relations Faten Freiha.
The live audio webcast and presentation materials will be available on McCormick's investor relations website. An audio replay will be accessible until July 17, 2025, via phone using the conference ID 13754132.
McCormick & Company (NYSE: MKC) has announced that Chief Growth Officer Kasey Jenkins will retire in early 2026 after a 32-year career with the company. Jenkins, who joined McCormick in 1993 as a Financial Analyst, has held various leadership positions including CFO of North America and VP of Investor Relations. Since 2022, her role expanded to oversee Corporate Strategy, Sustainability, and Development. Throughout her tenure, Jenkins enhanced Global Finance capabilities, improved supply chain performance, and contributed to shareholder value creation through strategic initiatives. The transition of her responsibilities to senior leaders will occur throughout 2025.
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